Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Most recently, last year, on automotive brake discs company Surface Transforms (SCE) I wrote ‘what about an increased massive loss and reliance on “customer support” makes its results “pleased to announce”?!’ with the shares falling back below 1p. The shares most recently closed at 1.95p, but what about now an intra-day (uh oh!) “Major Customer Update: Loss of Contract” announcement?
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